Comerica Bank Increases Stake in Healthpeak Properties, Inc. $DOC

Key Points

• Comerica Bank raised its stake in Healthpeak Properties by 26.9% in Q4, adding 128,302 shares to hold 605,712 shares (about 0.09% of the company) valued at $9.74 million.
• Several analysts have cut target prices recently and the stock carries a consensus "Hold" rating with a $18.04 consensus target (five Buys vs. nine Holds among analysts).
• Healthpeak beat Q results (EPS $0.47 vs. $0.45; revenue $719.4M) and gave FY2026 guidance of 1.700–1.740 EPS; it also declared a monthly dividend of $0.1017 (roughly a 7.6% yield) despite an unusually high payout ratio of 1,220%.

Comerica Bank raised its stake in shares of Healthpeak Properties, Inc. (NYSE:DOC - Free Report) by 26.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 605,712 shares of the real estate investment trust's stock after buying an additional 128,302 shares during the quarter. Comerica Bank owned about 0.09% of Healthpeak Properties worth $9,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mather Group LLC. bought a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $25,000. City Holding Co. bought a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $26,000. WPG Advisers LLC boosted its position in shares of Healthpeak Properties by 270.2% during the 4th quarter. WPG Advisers LLC now owns 1,640 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 1,197 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Healthpeak Properties during the 2nd quarter valued at approximately $33,000. Finally, Wiser Advisor Group LLC bought a new position in shares of Healthpeak Properties during the 3rd quarter valued at approximately $38,000. 93.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DOC has been the subject of a number of research reports. Robert W. Baird lowered their target price on Healthpeak Properties from $20.00 to $19.00 and set an "outperform" rating for the company in a research report on Monday, April 6th. Wells Fargo & Company reiterated a "positive" rating on shares of Healthpeak Properties in a research report on Tuesday, February 3rd. Evercore lowered their target price on Healthpeak Properties from $21.00 to $19.00 and set an "outperform" rating for the company in a research report on Wednesday, February 4th. Citigroup lowered their target price on Healthpeak Properties from $18.00 to $17.50 and set a "neutral" rating for the company in a research report on Wednesday, April 1st. Finally, The Goldman Sachs Group initiated coverage on Healthpeak Properties in a research report on Friday, January 9th. They set a "neutral" rating and a $17.00 target price for the company. Five research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $18.04.

Healthpeak Properties Stock Down 0.4%

Shares of DOC opened at $15.99 on Thursday. The company has a market cap of $11.11 billion, a PE ratio of 159.88, a P/E/G ratio of 2.24 and a beta of 1.10. The business has a fifty day moving average of $16.96 and a 200 day moving average of $17.17. Healthpeak Properties, Inc. has a 52-week low of $15.70 and a 52-week high of $19.68. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21.

Healthpeak Properties (NYSE:DOC - Get Free Report) last issued its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.02. The company had revenue of $719.40 million during the quarter, compared to the consensus estimate of $685.14 million. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.Healthpeak Properties's revenue was up 3.1% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, sell-side analysts expect that Healthpeak Properties, Inc. will post 1.74 EPS for the current year.

Healthpeak Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 15th will be given a $0.1017 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 7.6%. Healthpeak Properties's dividend payout ratio (DPR) is currently 1,220.00%.

Healthpeak Properties Profile

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.

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